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bush" similar to ronald reagan's foreign-policy. they do not want to be in his corner. at the same time, they want to take advantage of the traditional republican strength. they believe they are tougher when it comes to national security. he's trying to solve that dilemma by saying he wants to avoid war by spending more on the military. he does not want to scare off any independent voters but at the same time he wants to satisfy his conservative clients. >> let's look at the broader campaign. last week, he got a big boost from winning that the raid against obama. the polling numbers also looking better for him now. is the obama campaign worried? >> nervous, there is no question, but as there has been some significant change in some of the most important swing states, ohio and florida. things change on a daily basis here. we have not factored that in yet for the new unemployment numbers that came out friday that are in obama's favor. this will be a very, very close race matter what anyone says. we will know on election day how it plays out. they will have to fight until
bush" similar to ronald reagan's foreign-policy. they do not want to be in his corner. at the same time, they want to take advantage of the traditional republican strength. they believe they are tougher when it comes to national security. he's trying to solve that dilemma by saying he wants to avoid war by spending more on the military. he does not want to scare off any independent voters but at the same time he wants to satisfy his conservative clients. >> let's look at the broader...
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Oct 14, 2012
10/12
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ronald reagan proposed sweeping tax rate reduction and the result revenues up 99%. biden: we made sure we cut taxes for the middle-class. gerri: not even close to trooper release seven taxes from obamacare ball directly on the middle class. the tax for not having health care insurance. obamacare taxed the ma in the name of flexible spending account in those to deduct from taxes. i could go on and on. joe biden scored big points claiming hedgefunds would benefit. biden: 90% of small business america make less than $250,000. others are hedge funds making $600 billion per year that counts as the small business. gerri: hedge fund? the irs says they fall within the household of the top two brackets that the administration wants to raise taxes. and more than half of americans. vice president wants to raise taxes on small business. paul ryan does not. beau biden says the plan worked anybody knows the numbers knows it is not true. the federal deficit on track to hit $1 trillion for the fourth year in a row. the administration does not have a lot of bragging rights. 15% on f
ronald reagan proposed sweeping tax rate reduction and the result revenues up 99%. biden: we made sure we cut taxes for the middle-class. gerri: not even close to trooper release seven taxes from obamacare ball directly on the middle class. the tax for not having health care insurance. obamacare taxed the ma in the name of flexible spending account in those to deduct from taxes. i could go on and on. joe biden scored big points claiming hedgefunds would benefit. biden: 90% of small business...
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Oct 11, 2012
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david stock man, ronald reagan budget director. makes you think, you know we don't off don't this, we don't go long with a lot of guests, some we make an extension for, mr. stock man is among them, either agree or disagree, he makes you think. >> thank you. neil: we have a lot more after this, including what we're getting read for every in kentucky tomorrow. -- for in kentucky tomorrow. follow the wings. >> the vice-presidential debate tomorrow in kentucky kentucky, david stockman says paul ryan is not doing enough or cutting enough's. far from the frankenstein image. he is not nearly eight frankenstein or aggressive enough. that will come up tomorrow with the debate what about the democrats state of
david stock man, ronald reagan budget director. makes you think, you know we don't off don't this, we don't go long with a lot of guests, some we make an extension for, mr. stock man is among them, either agree or disagree, he makes you think. >> thank you. neil: we have a lot more after this, including what we're getting read for every in kentucky tomorrow. -- for in kentucky tomorrow. follow the wings. >> the vice-presidential debate tomorrow in kentucky kentucky, david stockman...
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david stock man, ronald reagan budget director. makes you think, you know we don't off don't this, we don't go long with a lot of guests, some we make an extension for, mr. stock man is among them, either agree or disagree, he makes you think. >> thank you. neil: we have a lot more after this, including with the spark miles card from capital one, thor's couture gets the most rewards of any small business credit card. your boa! [ garth ] thor's small business earns double miles on ery purchase, every day! ahh, the new fabrics, put it on my spark card. [ garth ] why settle for less? the spiked heels are working. wait! [ garth ] great businesses deserve the most rewards! [ male announcer ] the spark business card from capital one. choose unlimited rewards with double miles or 2% cash back on every purchase, every day! what's in your wallet? [ cheers and applae ] [ male announcer ] how do you make 70,000 trades a cond... ♪ reach one customer at a time? ♪ or help doctors turn billions of bytes of shared information... ♪ into a fif
david stock man, ronald reagan budget director. makes you think, you know we don't off don't this, we don't go long with a lot of guests, some we make an extension for, mr. stock man is among them, either agree or disagree, he makes you think. >> thank you. neil: we have a lot more after this, including with the spark miles card from capital one, thor's couture gets the most rewards of any small business credit card. your boa! [ garth ] thor's small business earns double miles on ery...
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Oct 13, 2012
10/12
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and i alluded to ronald reagan who was open to getting some if not most of what he wanted because it meant getting none of what he wanted. jerry brown tax cut which was a flat tax rate on everyone. no progressivity and replacing all federal taxes with two flat rate taxes it was not revenue neutral and it had a little bit of positive revenue. i supported that all of the way because of the tremendous boon bye getting rid of the income tax and i think it would have been wonderful. we need to compromise on all of the issues but not until we have a good position. i don't want to compromise before we start the discussion. i think -- >> wait until the election. >> and then sit down with your people. you don't give away your fail back position before you start. >> we'll see. thank you very much. >>> and how the rest of the world, thank you. and how the rest of the world is viewing us and this and the back and forth and dismissing all of not that they are q. in great shape themselves. but we are hardly looking like fiscal jack lalanes. can what is happens over there happen over here? don't la
and i alluded to ronald reagan who was open to getting some if not most of what he wanted because it meant getting none of what he wanted. jerry brown tax cut which was a flat tax rate on everyone. no progressivity and replacing all federal taxes with two flat rate taxes it was not revenue neutral and it had a little bit of positive revenue. i supported that all of the way because of the tremendous boon bye getting rid of the income tax and i think it would have been wonderful. we need to...
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Oct 6, 2012
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in fact, you know, the unemployment rate for ronald reagan was higher and the unemployment rate for the president. >> well, it went to 10.8, i believe... and i mean, if you are saying that ronald reagan inherited a worse economy. >> gregg: he did. >> i don't know how you can make the argument. >> gregg: are you kidding. >> we lost 800,000 jobs. >> gregg: unemployment was higher, inflation was higher and interest rates were higher. >> in twa2009, january we lost 741,000 jobs and if that trend continued, we almost had a second great depression... >> gregg: i hear you. i hear you. justin, a lot of folks are afraid to invest in the stock market. interest rates are so incredibly low, the opposite of what ronald reagan had and, you can't really invest in cd's and money market account and that is not keeping up with inflation. and that left americans with, you know, stagnant savings account and diminished personal wealth and that is an important election factor, too? >> well, especially, it is an important election factor, especially here in the state of florida, we have a large number of seni
in fact, you know, the unemployment rate for ronald reagan was higher and the unemployment rate for the president. >> well, it went to 10.8, i believe... and i mean, if you are saying that ronald reagan inherited a worse economy. >> gregg: he did. >> i don't know how you can make the argument. >> gregg: are you kidding. >> we lost 800,000 jobs. >> gregg: unemployment was higher, inflation was higher and interest rates were higher. >> in twa2009, january...
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. >> ronald reagan -- >> oh, now, your jack kennedy. >> reporter: as predicted by the campaign, the vice president came out grinning, flapping, flailing arms. he was aggressive, attacking the republican ticket hard. >> we will have credibility on this issue. >> incredible. >> thank goodness we have these sanctions in place, in spite of their opposition. it has been discredited by studies, over 100 criminal investigations. >> reporter: along the way, the vice president cut in. >> >> mr. vice president, i know you're under duress -- to make up for lost ground. >> reporter: he talked about the auto bailout. >> when mr. ryan said that romney was a car guy, i thought well if they have them in an elevator, i guess he was. >> reporter: for a group of undecided voters put together in virginia, a split decision. this voter thought mr. biden won. >> the vice president did. >> why? >> i think he came off as being very strong, emotional, and i like the looking at the camera and talking to the american people. >> reporter: another, paul ryan. >> vice president joe biden was being kind of immature, wi
. >> ronald reagan -- >> oh, now, your jack kennedy. >> reporter: as predicted by the campaign, the vice president came out grinning, flapping, flailing arms. he was aggressive, attacking the republican ticket hard. >> we will have credibility on this issue. >> incredible. >> thank goodness we have these sanctions in place, in spite of their opposition. it has been discredited by studies, over 100 criminal investigations. >> reporter: along the way, the...
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Oct 13, 2012
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jack kennedy, ronald reagan. biden: now your jack kennedy? gerri: that was a cheap shot. bided was wrong when he claimed lower tax rates never had higher revenues. 1920's were slashed from 70% down a 20%. there rose 60%. kennedy cut across the board with the top rate down at 70%. tax revenues jump. ronald reaganproposed sweeping tax ratereduction and the result revenues up 99%. biden: we made sure we cut taxes for the middle-class. gerri: not even close to trooper release seven taxes from omacare ball directly on the middle class. the tax for not havi health care insurance. obamacare taxed the many in the name of flexible spending account in those to deduct from taxes. i could go on and on. joe biden scored big points claiming hedge funds would benefit. biden: 90% of small business america make less than $25000. others are hedge funds making $600 billion per year that counts as the small business. gerri: hedge fund? the irs says they fall within the hsehold of the top two brackets that the administration wants to raise taxes. and more than half of americans. vice presiden
jack kennedy, ronald reagan. biden: now your jack kennedy? gerri: that was a cheap shot. bided was wrong when he claimed lower tax rates never had higher revenues. 1920's were slashed from 70% down a 20%. there rose 60%. kennedy cut across the board with the top rate down at 70%. tax revenues jump. ronald reaganproposed sweeping tax ratereduction and the result revenues up 99%. biden: we made sure we cut taxes for the middle-class. gerri: not even close to trooper release seven taxes from...
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Oct 11, 2012
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i mean, we're all thinking back to the days of ronald reagan and tip o'neill who were about as far apart politically as you could get, but they were able to come together and find common ground on some of the thorny issues that existed economically in the 1980s. that's not happening today because so many of the politicians view these issues as defining who they are personally. they take it personally, and that's a problem right now. don't you think? >> yeah, i think so. i also think that we're at a very different moment. when we talk about the kind of spending back then, we were arguing a lot about defense spending under ronald reagan. >> absolutely. >> we really needed to be arguing more about entitlement spending, which never got taken care of. now we have this huge, huge problem where people expect so much. they've been promised things. that's what makes it extremely difficult. >> let's face it. the stakes are much, much higher now. the zeros we're talking about -- >> are huge. >> have a "t" in front of them. we're talking trillions of dollars on an annual basis right now. by the way,
i mean, we're all thinking back to the days of ronald reagan and tip o'neill who were about as far apart politically as you could get, but they were able to come together and find common ground on some of the thorny issues that existed economically in the 1980s. that's not happening today because so many of the politicians view these issues as defining who they are personally. they take it personally, and that's a problem right now. don't you think? >> yeah, i think so. i also think that...
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Oct 6, 2012
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reagan, if not more. >> he'll do better than ronald reagan. >> i felt that for a long time, so... >> arthel: carl cameron is live in apopka, florida where the governor is set to take the stage, fund-raising news from both campaigns, carl? >> reporter: that's right, may be a while before we see governor romney, it is lightning country in florida and the campaign's arrival is delayed because of fear that it might be a threatening storm. a big crowd here and big money raised by mitt romney since the debate. his debate performance clearly caught the attention of both republicans, who were worried about the trajectory of his campaign and new voters and the campaign is reporting since the debate performance they've raked in more than $12 million, and, just today, the romney campaign undertaking a national teleconference, and phone banking exercise, made another 2 million contacts with what they hope to be new republican voters. it is a $12 million boost into the debate for mitt romney and stands in the face of staggering numbers from the barack obama campaign reporting last month they coll
reagan, if not more. >> he'll do better than ronald reagan. >> i felt that for a long time, so... >> arthel: carl cameron is live in apopka, florida where the governor is set to take the stage, fund-raising news from both campaigns, carl? >> reporter: that's right, may be a while before we see governor romney, it is lightning country in florida and the campaign's arrival is delayed because of fear that it might be a threatening storm. a big crowd here and big money...
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reagan kicked off that war on working people and in it you know when when he went after patco and so that was the you know that's a kind of thing i appreciate the call thank you very much karen in seattle hey karen what's on your mind today hi i was just talking to your producer that was there for just about union. my husband belong to the biggest in the world and he was the worst thing we did not go after reagan when he went after the air traffic controllers i agree and i'm afraid that it's going to get so bad like that people get together. well you know about you know i i think that we can do it with or without unions in again and good looking back in one thousand thirty two in the united states it wasn't until nine hundred thirty four or thirty five as i recall that the wagner act was passed the national labor relations act that. legalized unions and gave government power to you to to unionize people and and so in thirty two when you had the bonus army camp and you had people all across america demanding change which led to the election of the landslide election of franklin roosev
reagan kicked off that war on working people and in it you know when when he went after patco and so that was the you know that's a kind of thing i appreciate the call thank you very much karen in seattle hey karen what's on your mind today hi i was just talking to your producer that was there for just about union. my husband belong to the biggest in the world and he was the worst thing we did not go after reagan when he went after the air traffic controllers i agree and i'm afraid that it's...
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. >> jack kennedy-- ronald reagan. >> oh, now you're jack kennedy. >> and he got it wrong. george w. bush lowered rates and when they did the treasury went up. and the other hot topic was libya. >> this benghazi issue would have been a tragedy in and of itself, unfortunately it's indicative of a broader problem. what we're watching on our tv screens is the unravelling of the obama foreign policy which is making the war more chaotic and us less safe. >> joe biden says the administration did not know about the request for more security in libya, but a day earlier the state department official in sworn statement said more security had been requested and denied. and when asked about it, president obama said, quote, i didn -- and after that, said i didn't catch that exchange. and the opening bell on wall street. here we go. >> stocks will open pretty flat this morning, a day after the debate. we've got one news item, a number from the government in the background here, it's the producer price index up. 1.1%, month over month and that's a big increase, however, if you take out fo
. >> jack kennedy-- ronald reagan. >> oh, now you're jack kennedy. >> and he got it wrong. george w. bush lowered rates and when they did the treasury went up. and the other hot topic was libya. >> this benghazi issue would have been a tragedy in and of itself, unfortunately it's indicative of a broader problem. what we're watching on our tv screens is the unravelling of the obama foreign policy which is making the war more chaotic and us less safe. >> joe biden...
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when ronald reagan got into office, he started regulating everything. before he got out of office, missouri was losing its shoe factories. in 1991, our factory closed and sold as several others. -- and so did several others. these people are not for the american people. they are out for the rich people in this country and i think it is sad when a democrat gets into office, they turn into bullies. they don't want the democrats to get a thing done. i think it is so pathetic. they are getting paid to work for this country and instead they are just a bunch of bullies. host: what about her sentiment? guest: i think vice president joe biden is interested in these issues. one thing he has worked and in the by president say is a task force or a commission -- in the vice presidency is a task force to work on this. these issues about jobs being exported and jobs leaving and about diminished security for the middle-class -- the questions that joe biden has thought a lot about. at a general level, he would be quite comfortable talking about this with paul ryan and
when ronald reagan got into office, he started regulating everything. before he got out of office, missouri was losing its shoe factories. in 1991, our factory closed and sold as several others. -- and so did several others. these people are not for the american people. they are out for the rich people in this country and i think it is sad when a democrat gets into office, they turn into bullies. they don't want the democrats to get a thing done. i think it is so pathetic. they are getting paid...
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reagan some advice. tell the same positive story over and over and will turn. yet to believe in it. america usually will do the right thing after it has exhausted all other possibilities and i hope we do. if you think washington and business can go to work, the collaboration's, we should have a collaboration. we would double the other and worked round-the-clock but now and has became a war. dodd-frank, health care, so we re-litigate. we should get it right the first time and move on but we did not. >> to the extent there has been a marked absence of collaboration or friction between the worlds of politics and business, you but the lion's share on the political side? >> i would put more on the political side. everyone i know is coming down and asking what they can do for help. it surprised me when someone asked a question, do you want universal health care pro- american citizens, 80% say yes. they wanted done right a certain way, but there was a huge effort to pull together to make it work. it didn't happ
reagan some advice. tell the same positive story over and over and will turn. yet to believe in it. america usually will do the right thing after it has exhausted all other possibilities and i hope we do. if you think washington and business can go to work, the collaboration's, we should have a collaboration. we would double the other and worked round-the-clock but now and has became a war. dodd-frank, health care, so we re-litigate. we should get it right the first time and move on but we did...
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>> they do matter a great dial, this is biggest singleebate in helping a candidate since ronald reagan. it was one debate, in carter in '76 they proved people were comfortable to him becoming president. less:liz: said no more presidel debates. >> that is right, until 1976, i remember i went did the research, getting ready for 76 debate, i assume like everyone else legend was that kennedy won first debate big and moved polls a lot, he had not, he moved them a few points but he got what i call credibility threshold. the reason that romney is doing so well, not vote numbers alone. he did was, you could see it in cbs poll, their panel of uncommitted voters. liz: the guys and ladies in 40 40 40-yard line. >> yes, 30% said that romneycared about people about them at the beginning of the debate, by the end it was 53, almost doubles, he made hi hims, i am not an ogre, and second he managed to say, i have a vision, my ideas here is my program, president was terrible. liz: here is the problem, we're also seeing al gore who blew a comfortable lead. >> yes, against bush, the debate. with whoever t
>> they do matter a great dial, this is biggest singleebate in helping a candidate since ronald reagan. it was one debate, in carter in '76 they proved people were comfortable to him becoming president. less:liz: said no more presidel debates. >> that is right, until 1976, i remember i went did the research, getting ready for 76 debate, i assume like everyone else legend was that kennedy won first debate big and moved polls a lot, he had not, he moved them a few points but he got...
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. >> you know what tax revenue did under ronald reagan? it went up 100% even though they cut taxes dramatically. tax revenue doubled in eight years. don't forget, you can catch the vice presidential debate tomorrow night here on cnbc beginning at 7:00 p.m. eastern time. >> let's go to jackie deangelis with this market flash. >> good afternoon, guys. taking a look at shares of walmart. of course, it hit record highs earlier in the session. coming off just a little bit. despite the fact that earlier the cfo reiterated fiscal 2013 sales guidance, maybe investors were looking for him to boost that up. he did reduce cap ex spending for 2013. the new reach, 12 to $13 billion. that could have something to do with it as well. the stock still higher on the day. just a little bit of a selloff. bill. >> i think those costco numbers helped the retailers today as well. a lot of the big box retailers doing well today. we're headi ining toward the cl. about 25 minutes left. we're hovering near the lows of the session with the dow down more than 130 point
. >> you know what tax revenue did under ronald reagan? it went up 100% even though they cut taxes dramatically. tax revenue doubled in eight years. don't forget, you can catch the vice presidential debate tomorrow night here on cnbc beginning at 7:00 p.m. eastern time. >> let's go to jackie deangelis with this market flash. >> good afternoon, guys. taking a look at shares of walmart. of course, it hit record highs earlier in the session. coming off just a little bit. despite...
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ronald reagan famously said that the soviet union was the evil empire. do you think that russia under vladimir putin is an evil empire? >> i think they've engaged in an evil behavior and i think that it is important that we understand they're not the old soviet union but they still have nationalist impulses that i think are very dangerous. >> senator mccain? >> maybe. >> maybe. >> depends on how we respond to russia and it depends on a lot of things. if i say yes, then that means that we're reigniting the old cold war. if i say no, it ignores their behavior. obviously energy is going to be a big, big factor. and georgia and ukraine are both major gateways of energy into europe. and that's one of the reasons why it's in our interest. but the russians, i think we can deal with them but they've got to understand that they're facing a very firm and determined united states of america that will defend our interests and that of other countries in the world. >> all right. we're going to try to get in two more questions, if we can. so we have to move along. over
ronald reagan famously said that the soviet union was the evil empire. do you think that russia under vladimir putin is an evil empire? >> i think they've engaged in an evil behavior and i think that it is important that we understand they're not the old soviet union but they still have nationalist impulses that i think are very dangerous. >> senator mccain? >> maybe. >> maybe. >> depends on how we respond to russia and it depends on a lot of things. if i say yes,...
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and by the way,tail pay no more than they -- they'll pay no more than they did under ronald reagan. >> moderator: governor? palin: i do take issue with that redistribution of wealth principle that seems to be espoused by you. when you talk about barack's plan to tax increase affecting only those making $250,000 a year or more, you're forgetting the millions of small businesses that are going to fit into that category. so they're going to be the ones paying higher taxes, thus resulting in fewer jobs being created and less productivity. now, you said recently that higher taxes or asking for higher taxes or paying higher taxes is patriotic. um, in the middle class of america which is where todd and i have been, you know, all of our lives, that's not patriotic. patriotic is saying, government, you know, you're not always the solution. in fact, too often you're the problem. so, government, lessen the tax burden on the private sector and on our families and get out of the way and let the private sector and our families grow and thrive and prosper. an increased tax form rah that barack obama
and by the way,tail pay no more than they -- they'll pay no more than they did under ronald reagan. >> moderator: governor? palin: i do take issue with that redistribution of wealth principle that seems to be espoused by you. when you talk about barack's plan to tax increase affecting only those making $250,000 a year or more, you're forgetting the millions of small businesses that are going to fit into that category. so they're going to be the ones paying higher taxes, thus resulting in...
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i was there with ronald reagan. he gave specifics in terms of tax expenditures. 97% of the small businesses make less than $250,000. hedge funds that make $600 million a year. let's look at how sincere they are. governor romney on "60 minutes," 10 days ago, was asked, you pay 14% on $20 million. someone making $50,000 pays more than that. do think that is fair? he said, yes, that is fair. you think these guys are going to cut those loopholes? the biggest loophole they take advantage of is that carried interest loophole and capital gains loophole. there is not enough -- the reason why the american enterprise institute study, the reason they all say it is going to go up for the middle class, the only way you can find $5 trillion in loopholes is cut the mortgage deduction for middle-class people. cut the health care deduction for middle-class people. that is why -- >> he is wrong about that. >> not mathematically possible. >> it has been done before. >> it has never been done before. >> it has been done a couple of tim
i was there with ronald reagan. he gave specifics in terms of tax expenditures. 97% of the small businesses make less than $250,000. hedge funds that make $600 million a year. let's look at how sincere they are. governor romney on "60 minutes," 10 days ago, was asked, you pay 14% on $20 million. someone making $50,000 pays more than that. do think that is fair? he said, yes, that is fair. you think these guys are going to cut those loopholes? the biggest loophole they take advantage...
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the reason for that is, it was highest number since the one single debate ronald reagan had against jimmy carter in 1980. that is a famous year. that is the first time in 100 years republicans have taken out a sitting president. the presidential debate tied with clinton's debate with the first george bush in 1992, when the democrats took out an incumbent president. so i think there are a lot of people who are unhappy with oba but they just wanted to check out the challenger, make sure they're not leaping into something that they're not comfortable with. wow, romney's performance will make them very comfortable. melissa: everyone thought their guy won. they were like, my guy was awesome. isisn't that sort of, don't you think that was sort of the takeaway from everybody at home? of course you know, half thought it was one guy and half thought it was the other guy that really got it done? >> my, my sense of the debate was more that each side was presenting its policy positions and, i do think ryan looked like, a lovely young man who would not be off-putting to most people and it is not so mu
the reason for that is, it was highest number since the one single debate ronald reagan had against jimmy carter in 1980. that is a famous year. that is the first time in 100 years republicans have taken out a sitting president. the presidential debate tied with clinton's debate with the first george bush in 1992, when the democrats took out an incumbent president. so i think there are a lot of people who are unhappy with oba but they just wanted to check out the challenger, make sure they're...
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and ronald reagan is the strong leader of the free world. and it's a joy to serve with a president who does not apologize for the united states of america. mr. mondale on the other hand has one ood, attack the american people. and then he wants to repeal indexing, the only protection for those at the lowest end of the scale have to protect them. we owe our country too much to go back to that approach. i started a business. i know what it is to have a dream and work hard and participate in the american dream. and some f you have finishing high school or college and some of you are starting out in the working place. and we want for you america's greatest gift and that is opportunity. and peace, yes, i did serve in combat. i was shot down when i was a young kid, scared to death. and i saw friends die. but that heightened my convictions about peace. it is absolutely essential we guarantee the young people they will not know the agony of war. america's gift, opportunity and peace. now we do have some unfinished business. we must continue to go ah
and ronald reagan is the strong leader of the free world. and it's a joy to serve with a president who does not apologize for the united states of america. mr. mondale on the other hand has one ood, attack the american people. and then he wants to repeal indexing, the only protection for those at the lowest end of the scale have to protect them. we owe our country too much to go back to that approach. i started a business. i know what it is to have a dream and work hard and participate in the...
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this is looking very much like 1984 and ronald reagan. unemployment down, people back to work. melissa: thanks for coming on the show. we appreciate your time. >> my pleasure. melissa: so there is big divide in the jobs data today, as we're discussing household survey shows total employment surged 873,000, but payroll says only 114,000 people went back to work. even jack welch said it, hard to reconcile these numbers. he tweeted, unbelievable jobs numbers. these chicago guys will do anything. can't debate so they change the numbers. that is harsh criticism. here with me is economist peter morici. which also have gary burtless, senior fellow? [no audio. what do you think. what a difference between the two surveys. peter, start with you. >> the bls is not cooking the numbers. i believe that. they don't do such a thing. there a anomalies. household survey counts self-employed people. a lot of people established home based business. they have been dissipating savings. that doesn't mean they're fully employed. to have 800,000 jobs created that would be 6% gain in employment in one m
this is looking very much like 1984 and ronald reagan. unemployment down, people back to work. melissa: thanks for coming on the show. we appreciate your time. >> my pleasure. melissa: so there is big divide in the jobs data today, as we're discussing household survey shows total employment surged 873,000, but payroll says only 114,000 people went back to work. even jack welch said it, hard to reconcile these numbers. he tweeted, unbelievable jobs numbers. these chicago guys will do...
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Oct 6, 2012
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my goodness we did that in the 1980s under a republican president, ronald reagan and a democratic president bill clinton. >> and gdp was 4.8%. 4.5% in one case. 4.3%. i can find economists who will tell me we'll have that kind of growth rate. >> we should aspire to 12 million jobs. i should aspire to look like brad pitt. that won't happen either. thank you for coming on the show. coming up something bocandidate on. >> if somebody gets an advanced degree i would staple that diploma to their green card. >> as soon as they get an advanced degree we send them home to create jobs somewhere else. >> immigrant entrepreneurs could be a powerful force but u.s. policy is standing in the way. here to here. this bigger screen goes from here to here. now that's either a) an amazing coincidence .. or b) a dazzling display of common sense. pretty sure it's the common sense thing. have more fiber than other leading brands. they're the better way to enjoy your fiber. >>> friday's jobs numbers underscore something we knew. we need more jobs. how do you create them. one answer may surprise you. immigration. h
my goodness we did that in the 1980s under a republican president, ronald reagan and a democratic president bill clinton. >> and gdp was 4.8%. 4.5% in one case. 4.3%. i can find economists who will tell me we'll have that kind of growth rate. >> we should aspire to 12 million jobs. i should aspire to look like brad pitt. that won't happen either. thank you for coming on the show. coming up something bocandidate on. >> if somebody gets an advanced degree i would staple that...
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Oct 12, 2012
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. >> jack kennedy, ronald reagan. >> now you are jack kennedy. [ laughter ] >> as for which candidate won the debate it seems to be a tossup with some polls giving a slight advantage to ryan. others to biden. >>> here in the bay area they held watch parties. >> ryan is staying on target. he is staying with the facts. biden is going after him. interruptions. not making himself clear. >> the president is an excellent president. he is a decent man. sometimes too decent. joe biden is showing you have to stay with the facts. >> those people obviously thought joe biden dominated the debate. republicans thought paul ryan came out ahead. no surprise there. we have posted more video of last nights debate just look for world and u.s. news tab. >>> another debate is making headlines but for very different reasons. youtube video shows two southern california lawmakers almost getting in a fight. coming up at 5:45 what was behind this heated exchange. >>> happening right now the space shuttle endeavour is on the move. it's headed from lax to its permanent home at the california science center near
. >> jack kennedy, ronald reagan. >> now you are jack kennedy. [ laughter ] >> as for which candidate won the debate it seems to be a tossup with some polls giving a slight advantage to ryan. others to biden. >>> here in the bay area they held watch parties. >> ryan is staying on target. he is staying with the facts. biden is going after him. interruptions. not making himself clear. >> the president is an excellent president. he is a decent man. sometimes...
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Oct 12, 2012
10/12
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military, ronald reagan and the a-bomb. >> right. >> more than i would the eu and the bureaucrats in brussels. >> we bail them out. we protectioned them all those years and reagan's the guy that ended communism, but the head of the peace prize committee is blaming the united states for the european economic crisis. i read "the new york times" story incredulously. he said the demise of lehman brothers is the responsibility of the european crisis, not their overspending and not their overtaxes and not their excess government and not their excess entitlements, jimmy. it's all because of lehman brothers. >> listen. you have countries that are following every wrong thing to do to run a good economy and even what they're doing now, they're raising taxes. this is like a death wish and a suicide attempt by europe and not america's fault. >> i want to ask you which is worse? the peace prize to president obama in 2009 or giving the peace prize to the european union, which is worse? >> as a gambler would say that is a pick 'em situation. >> you chicken. jimmy p. gets the best of the best. up ne
military, ronald reagan and the a-bomb. >> right. >> more than i would the eu and the bureaucrats in brussels. >> we bail them out. we protectioned them all those years and reagan's the guy that ended communism, but the head of the peace prize committee is blaming the united states for the european economic crisis. i read "the new york times" story incredulously. he said the demise of lehman brothers is the responsibility of the european crisis, not their...
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Oct 9, 2012
10/12
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i think that needs to come back -- of authority since ronald reagan. i think that needs to come back. there has got to be a combination. you cannot leave the size and the structure of the garment we have in place. this is a government functions on an old model despite a 20 per century technology model. it is painful and slow. look at the demographics of the federal work force. they are aging. president obama -- not exactly great training to run one of the largest enterprises known to man. >> speak about governors becoming president. [laughter] >> next question. let's get a microphone to you. >> i consoled in lobbying. you talked about energy. we have enormous potential to develop our energy resources. it seems that a lot of it is a communications channel. when you have a lease, that does not mean that you will find the oil. we talked about having enormous reserves. it takes a long time to find the energy and develop it. it is very expensive. how do we better communicate that to the average citizen? and that will be key in the order for us to have sound
i think that needs to come back -- of authority since ronald reagan. i think that needs to come back. there has got to be a combination. you cannot leave the size and the structure of the garment we have in place. this is a government functions on an old model despite a 20 per century technology model. it is painful and slow. look at the demographics of the federal work force. they are aging. president obama -- not exactly great training to run one of the largest enterprises known to man....
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Oct 11, 2012
10/12
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>> you're no probably ronald reagan or something. >> meanwhile the latest national polls may show president obama and mitt romney are in a tight race, but if you believe the 7-eleven indicator, the election may have already been decided. yes, that's right, the convenience store chain is once again running a promotion where it sells coffee in democrat blue cups with obama's face and republican red featuring romney. so far customers favor obama by a 60/40 margin. it has correctly predicted the winner of the last three u.s. elections. i'd like to know if it's only been run in the last three elections. >> still not a huge sample size. meanwhile pizza hut is offering a lifetime, yes, a lifetime of fr free -- life time qualifying as 30 years to anyone who asks sausage or pepperoni in the debate. >> of course we've been having our own debate so whether you should -- they're offering whether free pizza a week for 30 years or or $15,600 in cash. >> is it one pizza is week? >> a large pizza. so you said you would take the cash. i say take the pizza because the cash works out on $10 a pizza. if you ex
>> you're no probably ronald reagan or something. >> meanwhile the latest national polls may show president obama and mitt romney are in a tight race, but if you believe the 7-eleven indicator, the election may have already been decided. yes, that's right, the convenience store chain is once again running a promotion where it sells coffee in democrat blue cups with obama's face and republican red featuring romney. so far customers favor obama by a 60/40 margin. it has correctly...
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Oct 12, 2012
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ronald reagan... >> oh, now, you're jack kennedy. >> woodruff: abortion also figured as a key issue in the debate. both men are catholics, and they were asked to describe their position, based on their faith. >> i don't see how a person can separate their public life from their private life or from their faith. and i respect people who don't agree with me on this. but the policy of a romney administration will be to oppose abortion, with the exceptions for rape, incest, and life of the mother. >> life begins at conception. that's the church's judgment. i accept it in my personal life. i just refuse to impose that on others, unlike my friend here, the congressman. i do not believe that we have a right to tell other people that women, they... they can't control their body. it's a decision between them and their doctor, in my view. and the supreme court-- i'm not going to interfere with that. >> woodruff: biden warned a conservative supreme court majority would overturn a woman's right to choose. ryan, who's on record favoring such a move, said abortion policy is best made by elected lawm
ronald reagan... >> oh, now, you're jack kennedy. >> woodruff: abortion also figured as a key issue in the debate. both men are catholics, and they were asked to describe their position, based on their faith. >> i don't see how a person can separate their public life from their private life or from their faith. and i respect people who don't agree with me on this. but the policy of a romney administration will be to oppose abortion, with the exceptions for rape, incest, and...
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Oct 11, 2012
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. >> in addition, when you are president, and this is why ronald reagan lost his first debate and why president george w. bush lost his first reelection debate, it has been four years. anybody has gotten in your grill. nobody tells you what you think. he is not used to it. but the president almost seriously -- physically was taken aback as romney went at it. the romney folks knew months ago that the debate prep would be the manhattan project of their campaign. that was where they would flip the switch if they had any possibility to. we saw a romney moved -- who his family had been encouraging the campaign to let him be more of himself, less scripted. we saw him all come out. he has to do with two more times. there are a number of countries that will tell you you only get one single attack. [laughter] to apologize to any of the ambassadors of our exalted -- insulted. charlotte -- charlie mentioned new jersey leno. it abused me hearing the obama's cams series of excuses. david letterman did the top 10 excuses. number 5 was mitt romney's here is mesmerizing. number 2 was asked osama bin
. >> in addition, when you are president, and this is why ronald reagan lost his first debate and why president george w. bush lost his first reelection debate, it has been four years. anybody has gotten in your grill. nobody tells you what you think. he is not used to it. but the president almost seriously -- physically was taken aback as romney went at it. the romney folks knew months ago that the debate prep would be the manhattan project of their campaign. that was where they would...
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Oct 14, 2012
10/12
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reagan some advice. tell the same positive story over and over and will turn. yet to believe in it. america usually will do the right thing after it has exhausted all other possibilities and i hope we do. if you think washington and business can go to work, the collaboration's, we should have a collaboration. we would double the other and worked round-the-clock but now and has became a war. dodd-frank, health care, so we re-litigate. we should get it right the first time and move on but we did not. >> to the extent there has been a marked absence of collaboration or friction between the worlds of politics and business, you but the lion's share on the political side? >> i would put more on the political side. everyone i know is coming down and asking what they can do for help. it surprised me when someone asked a question, do you want universal health care pro- american citizens, 80% say yes. they wanted done right a certain way, but there was a huge effort to pull together to make it work. it didn't happ
reagan some advice. tell the same positive story over and over and will turn. yet to believe in it. america usually will do the right thing after it has exhausted all other possibilities and i hope we do. if you think washington and business can go to work, the collaboration's, we should have a collaboration. we would double the other and worked round-the-clock but now and has became a war. dodd-frank, health care, so we re-litigate. we should get it right the first time and move on but we did...
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Oct 12, 2012
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ronald reagan -- >> now you're jack kennedy. >> so was there a clear winner? 130,000 votes, and joe biden is leading with more than half. joining us for more, julian epstein and boris former aide to mccain/palin campaign in 2008. so boris, did paul ryan succeed here? has this been a game changing movement, has it picked up on the momentum that romney started with last week? >> it didn't need to be a game changing movement. what paul ryan needed to do was make his point to america that he is ready to be vice president and president if need be. and he absolutely did that. he was strong, he was resolute, and he stood up to very childish attacks from joe biden. some of the attacks were disappoint willing, the laughter, the smirking. it was very unvice presidential and unprofessional and at the end if you noticed when it was time to give their closing remarks, joe biden did not thank paul ryan, but paul ryan thanked joe biden. so on the overall picture, paul ryan did it great. does it help the momentum, it does. does it help democrats, it does not. democrats are st
ronald reagan -- >> now you're jack kennedy. >> so was there a clear winner? 130,000 votes, and joe biden is leading with more than half. joining us for more, julian epstein and boris former aide to mccain/palin campaign in 2008. so boris, did paul ryan succeed here? has this been a game changing movement, has it picked up on the momentum that romney started with last week? >> it didn't need to be a game changing movement. what paul ryan needed to do was make his point to...